It's been years that the media give him for dead … Moreover, the short-sellers are still many to bet down on the title … But Tesla is still there and – even stronger – Elon Musk, his flamboyant founder too. And yet, the car group California has changed nothing of its precarious economic and industrial […]

At first glance, all seems serene on a spring morning at the research-and-development campus of SK Innovation, one of Korea’s biggest industrial conglomerates. The campus sits in Daejeon, a tidy, planned city an hour’s high-speed-train ride south of Seoul that the national government has built up as a technology hub. Dotting SK’s rolling acres are […]

cars Published on May 23, 2019 | by Zachary Shahan May 23, 2019 by Zachary Shahan I think anyone who has ever played the stock market has at least sometimes thought it irrational. When a stock moves in the opposite direction, as you expected, this is usually the right feeling. Many Tesla shareholders (TSLA) lately […]

By Simon Alvarez Posted on May 23, 2019 Ahead of the completion of Gigafactory 3’s outer shell in Shanghai, Tesla’s recruitment team in China has announced that it will be holding a special job fair on May 29. Tesla noted that it would be looking for applicants for 25 different job positions, each of which […]

mukeshbalani.com | “You heard it here first…if you haven’t already heard it elsewhere”… Las Vegas Approves $48.6 Million Boring Company Tunnel What Happens Underground… On Wednesday, the Las Vegas Convention and Visitors Authority (LVCVA) approved a $48.6 million Boring Company contract to build the LVCC Loop, an underground tunnel system that will connect the Las Vegas Convention […]

We’re getting our first look inside Tesla’s Gigafactory 3 in Shanghai as the building is progressing rapidly ahead of production.
As the trade war between China and the US keeps getting more complicated, it’s becoming more important than ever for Tesla to have manufacturing capacity in China.
They will be able to avoid increasingly uncertain import tariffs in the biggest auto market in the world.
They have been moving extremely fast to get Gigafactory 3 ready.
About 7 months ago, Tesla announced a deal with the Shanghai government to build a wholly owned local factory and only about 5 months ago, they secured the 210-acres of land for Gigafactory 3 in China necessary.
They officially broke ground in January and plan to be done with the building by this summer.
A recent drone video of the factory shows that the building is almost completed on the outside.
Tesla CEO Elon Musk claimed that the building would be ready this summer and that production could start early in the fourth quarter.
While the completion of the building is increasingly looking likely, it’s another thing to have a production ready for manufacturing.
Now, pictures from inside Tesla Gigafactory 3 have leaked for the first time, via u/NeedAccount2Troll on Reddit):
The pictures shows that the factory floor is still empty of productoin equipement, but it looks like it’s getting ready for them.
Musk said that Tesla wants to produce 3,000 Model 3 vehicles per week at Gigafactory 3 in Shanghai by the end of the year.
In Fremont, the company is currently trying to stabilize production at 7,000 units per week for a total of 10,000 Model 3 vehicles per week in total by the end of the year.
Tesla previously said that they updated the production layout designed for Gigafactory 3 to be more optimized at the new factory in Shanghai.
We’ll keep tracking the progress at Gigafactory 3 in the coming months.

By CCN: Within one month, the share price of the Tesla stock has dropped by a staggering 27 percent as it plunged below the $200 level for the first time since 2016. The Tesla share price drops to $192 for the first time since 2016 (source: Yahoo Finance) The intensifying downtrend of the Tesla stock […]

Clark County School District school buses line up to pick up special needs students at Variety School, 2800 E. Stewart Ave. on Thursday, Feb. 24, 2017. Photo by Jeff Scheid/The Nevada Independent. An initial hearing for SB543, the legislation that would revamp Nevada’s school funding formula, drew technical concerns from lawmakers and fractured support among […]

No week goes by without yet another headline that talks about the immediate demise of the Californian electric vehicle pioneer Tesla. Since the founding of the company and especially since the charismatic Paypal cofounder Elon Musk took charge of Tesla, those news won’t stop. Sixteen years after the founding of the company, Tesla is still […]